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J&J Electronics has a corporate tax rate of 30%. Last year the company realized $30,000,000...

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Finance

J&J Electronics has a corporate tax rate of 30%. Last year the company realized $30,000,000 in operating income (EBIT). Its annual interest expense is $3,750,000. What was the company's net income for the year?
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J&J Electronics has a corporate tax rate of 30%. Last year the company realized $30,000,000 in operating income (EBIT). Its annual interest expense is $3,750,000. What was the company's net income for the year

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